Ether (ETH) appears poised to outperform its bigger competitor, Bitcoin (BTC), by 2025, according to a recent report from Steno Research. This analysis highlights a combination of historical trends and the potential impact of Donald Trump’s U.S. election victory on the cryptocurrency landscape.
The forecast suggests that Bitcoin could reach a minimum of $150,000 next year, climbing from its current price of about $94,000. In comparison, Ether is expected to more than double, with projections placing its value at least at $8,000, up from $3,400. This significant growth for Ether underscores its potential as a strong contender in the crypto market.
Steno Research anticipates that the ether/bitcoin ratio will rise to 0.06 within the next year, an increase from the current 0.0357. This aligns with patterns observed in previous market cycles and showcases the rising importance of altcoins.
The report suggests that Donald Trump’s presidential victory could serve as a catalyst, favoring altcoins over Bitcoin. Analyst Mads Eberhardt expressed this perspective, emphasizing that the political climate may bring about a shift in market dynamics.
Furthermore, Bitcoin’s market dominance is projected to dip to as low as 45%, down from its current 56.6%. Such a decline indicates a growing interest in other digital assets, with the total value locked (TVL) in decentralized applications expected to hit a groundbreaking $300 billion in the coming year. This growth could be instrumental in driving up altcoin prices.
The anticipated launch of new cryptocurrency exchange-traded funds (ETFs) in the U.S. contributes to the optimism surrounding altcoins as well. Steno’s report highlights the potential for institutional adoption of crypto on an unprecedented scale by 2025, suggesting a seismic shift in how cryptocurrencies are viewed and utilized.
This evolving landscape presents a thrilling opportunity for investors and enthusiasts alike. As the crypto market matures, the evolving dynamics between Bitcoin and Ether are set to play a crucial role in determining which will dominate the future of digital currencies.
